Peter Senge,of MIT,recognized Three Types of Leaders

question 23

Multiple Choice

Peter Senge,of MIT,recognized three types of leaders.Which of the following describes individuals who champion and guide ideas,create learning infrastructure,and establish a domain for taking action?

• A) local line leaders
• B) executive leaders
• C) internal networkers
• D) shop floor leaders

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Definitions:

Consolidating

The process of combining financial statements from different entities within a single corporate group to provide a single set of financial statements.

Foreign Subsidiary

A company owned or controlled by another company (the parent company) but located and operating in a foreign country.

Cumulative Translation Adjustment

An entry in the accumulated other comprehensive income section of a translated balance sheet summarizing the gains or losses from currency translation differences.

Remeasurement Gain or Loss

A financial result that occurs when the value of a foreign currency transaction is adjusted to reflect exchange rate changes at the balance sheet date.